The Los Angeles Times quoted Tax & Business Services Partner Paul Graney in a story about the use of limited liability corporations to obscure ownership identity.

Delaware and Nevada aren't the only states where it's possible to set up a company without saying who owns it. In California, too, owners can set up a
limited liability company, or LLC, without telling state officials who's behind the curtain.

Some LLCs do list their owners, but those owners are sometimes other LLCs or other types of corporate entities. Paul Graney, a partner at accounting firm Marcum, said that's another reason it can be difficult to figure out who really owns a company.

"You could set up a string of five, six, seven LLCs in different states," Graney said. "It's going to be hard to trace all the way through. Where does the shell game finally stop?"

Raffa - Marcum's Nonprofit & Social Sector Group's strength and competitive edge lies in the fact that we provide expertise and superior service across a variety of essential interrelated financial, technology and consulting competencies.

Jeffrey Weiner joined Marcum in 1981 and has led the firm since 1990, when he was named managing partner. In June 2017, he was named to his current post. Weiner is a nationally recognized expert on personal business management for the entertainment industry. He is a founding member of the LEA/Leading Edge Alliance.

Marcum LLP Partner and Chief Information Officer Peter Scavuzzo was named Innovative Technology Leader of the Year by LEA Global, an international association of accounting and advisory firms with offices in 110 countries.

Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major
business markets throughout the U.S., as well as Grand Cayman, China and Ireland.